Firefighting Drones Market Overview 2024-2033 - Share, Size, Insights, Forecast

The Business Research Company recently released a comprehensive report on the Global Firefighting Drones Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The firefighting drones market size has grown rapidly in recent years. It will grow from $1.20 billion in 2023 to $1.33 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to the increasing frequency and intensity of wildfires, enhanced situational awareness, reduced risk to firefighters, environmental monitoring.

The firefighting drones market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to enhanced communication and connectivity, public awareness and acceptance, emergency preparedness and resilience, global collaboration and standards. Major trends in the forecast period include integration with command and control systems, improved fire mapping and monitoring, integration of AI for autonomous operations, advancements in durability and reliability.

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Market Drivers and Trends:

The growing number of fire-born incidents is expected to propel the growth of the firefighting drones market going forward. Fire-born incidences typically refer to events or situations that arise directly from fire or are closely associated with it. The growing number of fire-related incidents is influenced by factors such as climate change, poor forest management, invasive species, infrastructure issues, and arson. Firefighting drones aid in fire-born incidents by providing real-time aerial surveillance, delivering timely data to firefighters, deploying fire retardants, and accessing difficult-to-reach areas, enhancing overall firefighting efficiency and safety. For instance, in February 2023, according to reports published by the UK National Statistics, a UK-based statistics authority, fire and rescue services responded to 620,758 incidents in the year ending September 2022, marking a 16% rise from the preceding year's figure of 537,423. This escalation is linked to a 44% surge in secondary fires and a 63% increase in outdoor primary fires, a consequence of the hot, dry summer in 2022. Therefore, the growing number of fire-born incidents is driving the growth of the firefighting drones market.

Major companies operating in the firefighting drone market are focused on developing innovative solutions, such as high-payload firefighting models, to enhance firefighting capabilities and address challenging scenarios more effectively. High-payload firefighting models are utilized to efficiently combat fires by providing aerial surveillance, delivering water or fire retardants, and accessing hard-to-reach areas, enhancing overall firefighting effectiveness and safety. For instance, in November 2023, eVTOL, a US-based electric aircraft manufacturing company, launched a high-payload firefighting program and released a fully functional prototype. The firefighting model is designed to lift a 400-kilogram payload over a distance of up to 200 kilometers and can reach speeds over 200 km/h. It can transport four high-performance fire-extinguishing canisters, each weighing 100 kg, with the capacity to extinguish fires covering up to 200 square meters individually. This means that in a single payload, the four canisters can collectively extinguish fires spanning up to 800 square meters.

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Major Key Players of the Market:

Lockheed Martin Corporation, L3Harris Technologies Inc., Teledyne Technologies Incorporated, AeroVironment Inc., Yuneec International Company Limited, Skydio Inc., SZ DJI Technology Co. Ltd., Parrot SA, Vimal Fire Controls Pvt. Ltd., Quantum Systems, Guangzhou Walkera Technology Co. Ltd., PrecisionHawk Inc., Delair Tech SAS, Aerones SIA, senseFly SA, Kespry Inc., Elistair SAS, DSLRPros LLC, BSS Holland BV, Dronefly Inc., Draganfly Innovations Inc., Drone Amplified Inc., 3D Robotics Inc., CyPhy Works, EHang Holdings Limited

Firefighting Drones Market 2024 Key Insights:

• The Firefighting Drones Market is expected to grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
• Fire-Born Surge Propels Growth Of The Firefighting Drones Market
• Innovations In Advanced Unmanned Aerial Vehicles And High-Payload Prototypes
• North America was the largest region in the firefighting drones market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the firefighting drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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